Swati Pandey

Australia’s consumer confidence fell in March as households remain concerned about their finances and the near-term prospects for the economy, with little sign interest rates are about to begin coming down.

Australian inflation was steady for a third straight month in February, supporting the Reserve Bank’s decision to keep interest rates unchanged at a 12-year high last week.

(Bloomberg) -- Australia's housing market extended gains to a 14th consecutive month in March amid declining affordability and borrowing costs at a 12-year high which cooled momentum in two of the nation's biggest cities.

Australia’s housing market extended gains to a 14th consecutive month in March amid declining affordability and borrowing costs at a 12-year high which cooled momentum in two of the nation’s biggest cities.

(Bloomberg) -- Australia's central bank will switch to a new system for the implementation of monetary policy as passive quantitative tightening

It’s been five months since Australia last raised interest rates and in the interim inflation has moderated and the economy slowed to a crawl. Yet Reserve Bank Governor Michele Bullock insists she can’t rule out another hike.

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Fed wait on rate cuts leaves others with an inflation quandary Rate cuts could pressure currencies if US doesn't follow suit

Federal Reserve Chair Jerome Powell is making life tougher for his peers around the world as the prospect of higher-for-longer US interest rates reduces room for easier policy elsewhere.

(Bloomberg) -- Australia's inflation came in faster than expected in the first three months of 2024, suggesting price pressures are proving stickier